by our College Data Analytics TeamMost students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Shepherd University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does Shepherd University offer you, and what will you qualify for? Keep scrolling for more information. Keep going to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Shepherd University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Shepherd University, 98% of first-year full-time students received aid of some kind some 550 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $8,241 |
| Institutional grants & scholarships | 87% | $3,647 |
| Federal Pell grants | 40% | $5,779 |
| State/local grants | 53% | $4,516 |
| Federal student loans | 49% | $7,551 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Shepherd University, around 65% of undergraduate students received gift aid averaging $7,688 (across approximately 1891 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $7,688 |
| Federal Pell grants | 29% | $5,264 |
| Federal student loans | 39% | $8,041 |
On-campus students receiving title-IV aid were awarded grants averaging $8,238.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,463 |
| $30,001 – $75,000 | $11,020 |
| Over $75,000 | $16,304 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,363 |
| Off-campus title-IV students | $12,391 |
For an estimate tailored to your family circumstances, see Shepherd University’s net price calculator: shepherd.clearcostcalculator.com/student/default/netpricecalculator/survey.
The middle student in the debt distribution at Shepherd University owes $14,297 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,297 |
| Median federal debt (graduates only) | $21,600 |
| Typical 10-year monthly payment (graduates) | $229.0/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Shepherd University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,250 |
| 25th percentile | $5,500 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $33,485 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,274 |
| Middle income | $14,000 |
| High income | $14,750 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,250 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,000 |
| Independent students | $18,750 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Shepherd University.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Shepherd University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12973 |
| Total Stafford loan amount | $234,646,255 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 68 |
| Total GI Bill amount | $418,070 |
| Average GI Bill amount per recipient | $6,148 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.